Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
This helps protect against roommates being swapped out, etc without our knowledge.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
Some key qualities to look for include:- **Responsive communication**: A PM company that keeps you in the loop and addresses issues promptly- **Local expertise**: Knowledge of the Birmingham market and experience with Section 8 tenants.- **Proactive maintenance**: Regular inspections and quick resolution of maintenance issues to keep tenants happy and properties in good condition- **Transparent reporting**: Clear and detailed financial reports so you know exactly where your money is goingIf your current PM isn’t meeting these standards, it might be worth exploring other options.
Meir Koplovitch
Real estate investor in Birmingham, AL
8 January 2025 | 13 replies
Would love to connect and knowledge share if you are interested.
Jonathan Small
Sunshine State Showdown: Why Invest in Florida Real Estate?
8 January 2025 | 3 replies
@Jonathan SmallThese are just general and common knowledge about Florida known to most.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Each week, I personally analyze the MLS, leveraging my deep knowledge of South Florida’s short-term rental market.
Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
Buildim has a general ledger so you can record credit card transactions the same as in any other bookkeeping software 1- add to chart of accounts a current liability called for example capital one credit card2- when you want to record a credit card transaction go to general ledger create a journal entry, for example if you swiped your card for a maintenance expense in the amount of 1,000 youshould debit maintenance 1,000 and credit your liability account called capital one credit card for 1,000so your liability account balnce is always the same amount as your credit card balance 3- if you pay intrest on your credit card add to charts of accounts an expense account called capital one intrest fees and when you got charged intrest create a journal entry debiting capital one intrest expense account and crediting your liability account 4- to record a payment to your credit card you can record a check from your bank account payable to capital one you should add them as a vendor or you can do a journal entry It simple for anyone with a little bookeeping knowledge and btw thats how its also done in quickbooks or anywhere else And thats the correct way doing it although there are a few other workaround ways for exemple creating a contra asset or as paying a vendor So i dont know why you blame buildium it would be the same with any other software
Mitchell Rosenberg
Tips for Finding Affordable Properties with High Rent Potential?
9 January 2025 | 8 replies
I grew up on the east side of the town with a well versed knowledge of the neighborhood.
Josue Ramos
Best Markets To Invest
4 January 2025 | 35 replies
I want to ask ya'll seasoned investors if you were starting out today where would you start investing with all the experience and knowledge you have now?
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a A-B area .BIG fish can have the whole USA in their zone .Outside of my zone I am thinking flip it there are exceptions like all rules .
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
2 February 2025 | 20 replies
I believe a local investor can do well on cash flow leveraging their local knowledge in those markets.Best wishes